Resolution #7: Evaluate your household budget to reflect financial changes.
A work-from-home arrangement could mean less money spent on commuting and dining out, but it could also mean increased expenses, such as faster Wi-Fi and higher energy bills. Update your income and expenses and review last year’s spending habits. I have recently learned how to cut the cord and I got rid of cable. If you would like to know more I would be happy to share what I learned along the way. It has saved me nearly $180 a month in cable bills.
Resolution #8: Save money now (and earn more later) with home maintenance.
With a regular home maintenance plan, you’ll avoid some surprise “emergency fixes,” can lower your energy costs, and when you’re ready to eventually sell your home, you’ll get higher offers from buyers who aren’t put off by overdue repairs.
Resolution #9: Invest in real estate for a better standard of living.
Even if you don’t plan on leaving your current residence, real estate is a great way to improve your quality of life in 2021. A vacation home in a getaway location you love lets you safely spread your wings. And if you have been looking for a second stream of income, an investment property might be your answer.